$TAO's current price action is looking like a buying opportunity.
As long as it stays above the 183.50 level, TAO looks primed for a leg up and a retest of the 210.80 resistance.
TAO's closing below SMA7, but above SMA25, and the 10-bar trend is sideways. Near support is false and near resistance is false. We've got a bearish last candle and volume's flat/falling.
A daily close under 183.50 breaks this setup and we should be looking for a short entry.
Where do you see TAO heading next?
#MarketAnalysis #CryptoInsights
As long as it stays above the 183.50 level, TAO looks primed for a leg up and a retest of the 210.80 resistance.
TAO's closing below SMA7, but above SMA25, and the 10-bar trend is sideways. Near support is false and near resistance is false. We've got a bearish last candle and volume's flat/falling.
A daily close under 183.50 breaks this setup and we should be looking for a short entry.
Where do you see TAO heading next?
#MarketAnalysis #CryptoInsights